USDCHF Analysis
| Performance after Tuesday | |||
| Period | Pct | Chg | Momentum |
| Tuesday | 0.02% | 2.0 Pips | â–˛ |
| Week to-date | -0.01% | -1.0 Pips | â–Ľ |
| September | 0.16% | 13.0 Pips | â–˛ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Thu 08:30 PM | USD | HIGH | PPI excluding Food and Energy sectors (12-mth) | Aug |
What can we expect from USDCHF today?
USDCHF is showing a mixed outlook today with a slight daily performance increase of 0.02%, closing at 0.80940. Traders are closely watching for potential movements as the pair remains above the 9-day EMA with a rising stochastic indicator.
📈 Bull Scenario If USDCHF continues to rise, breaking above the daily high of 0.81200 could trigger a bullish scenario. Traders should watch for resistance at R1, 0.81173, and further at R2, 0.81407, as potential targets if upward momentum persists. | 📉 Bear Scenario Conversely, a bearish scenario may unfold if USDCHF falls below the daily pivot of 0.80967. In this case, support levels to monitor include S1 at 0.80733 and S2 at 0.80527, which could serve as potential downside targets. |
Key levels to watch out:
| R3 | 0.81613 |
| R2 | 0.81407 |
| R1 | 0.81173 |
| Daily Pivot | 0.80967 |
| S1 | 0.80733 |
| S2 | 0.80527 |
| S3 | 0.80293 |